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West 5th Redevelopment Land 2 Properties Offered at $4,242,803 CAD in Santa Ana, CA
INVESTMENT HIGHLIGHTS
- Harbor Mixed Use Transit Corridor Specific Plan (SP2)
- Potential to Build Multifamily/Retail/Mixed Use
- Corner Lot
EXECUTIVE SUMMARY
Opportunity zoned, corner location, 2 parcels equaling .77 acres/33,798 sq. ft. Ready for redevelopment, zoned commercial and is within the Harbor Mixed Use Transit Corridor Specific Plan (SP2). Potential uses include retail, medical, mixed use, residential/multi-family, etc. Get income while going through planning and entitlements. Currently leased to an auto salvage tenant at $9500 per month with lease expiring at the end of 2027. Clean phase 1 & 2 from March 2024 on file. Drive by only, please do not disturb the occupant.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$159,053
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$159,053
|
| Taxes |
$8,474
|
| Operating Expenses |
$2,093
|
| Total Expenses |
$10,567
|
| Net Operating Income |
$148,486
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $159,053 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $159,053 |
| Taxes (CAD) | |
|---|---|
| Annual | $8,474 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,093 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $10,567 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $148,486 |
PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3226 W 5th St, Santa Ana, CA 92703 | Industrial | 880 SF | 1980 | - |
| 3230 W 5th St, Santa Ana, CA 92703 | Specialty | 33,716 SF | 1980 | - |
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West 5th Redevelopment Land
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